May mga Products/Services that are EXEMPT from BOTH VAT and Percentage Tax (regardless of sales threshold). These are automatically VAT and Percentage Tax-exempt, kahit mag-exceed pa sila ng ₱3M in annual sales. Examples: 1. Educational services by accredited schools 2. Sale of agricultural & marine food products in their original state (e.g., palay, corn, fresh fish, manok, baboy) 3. Rental of residential property with 15k/unit/month or less. 4. Books and other educational reading materials (ph

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Members of the women’s group GABRIELA took to the sidewalk of Commonwealth Market on Friday, February 13, using giant mock-ups of grocery receipts and utility bills to protest the continued implementation of the 12% Value Added Tax (VAT). The demonstrators argued that regressive taxes place an unbearable weight on the working class. The group is demanding the immediate removal of VAT on essential goods and services, such as food, water, and electricity. | via Bea Cuadra, ABS-CBN News | ABS-CBN N